EmpowerMX - Ownership and Business Overview

Internet Software And ServicesCompany

EmpowerMX Ownership

Who owns EmpowerMX?

EmpowerMX is owned by Industrial & Financial Systems IFS AB. It was acquired on July 10, 2024.

Was EmpowerMX formerly PE-backed?

Yes. EmpowerMX was formerly owned by 1 private investor.

EmpowerMX Business Overview

Where is EmpowerMX headquartered?

EmpowerMX is headquartered in Frisco, Texas.

What sector is EmpowerMX in?

EmpowerMX is an internet software and services company.

When was EmpowerMX founded?

EmpowerMX was founded in 1999.

Internet Software And Services M&A Summary in 2024

Out of 60 sectors in the Mergr database, internet software and services ranked 3 in number of deals in 2024. The largest internet software and services acquisition in 2024 was Smartsheet - which was acquired by The Blackstone Group for $8.4B.

Join Mergr to view all 481 acquisitions of internet software and services companies in 2024, including 32 acquisitions by private equity firms, and 449 by strategics.

EmpowerMX

EmpowerMX

2601 Network Boulevard, Suite 110,
Frisco, Texas 75034
United States,
(888) 395-1952
www.empowermx.com

EmpowerMX provides cloud-based software-as-a-service (SaaS) solutions used to manage, plan, execute, and optimize aircraft maintenance, repair, and overhaul. The company’s FleetCycle software suite, is being used by many of the world’s largest commercial airlines and MROs to reduce maintenance costs and lower aircraft maintenance turn-around times (TAT) by eliminating unproductive processes, supporting higher workforce utilization, digitizing traditionally paper-based and manual processes, and providing real-time visibility into task completion. EmpowerMX was established in 1999 and is based in Frisco, Texas.


Company Summary

SECTOR

Internet Software and Services

Established

1999

Subsidiary of

IFS

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